The 16th round of band operation of a certain ETH band whale ended in failure. 6 hours ago, the position of 10364.2 ETH was sold at a loss.

According to on-chain analyst Yu Jing's monitoring, a certain whale's bet on the rise of ETH failed, and he suffered his third loss: ◎ A week ago, when ETH surged above $3,400, he started to pull back and bought in at $3,300, betting that ETH would continue to rise. Unfortunately, ETH did not continue to rise but fell back to $3,000; ◎ Last night, when ETH finally rose a bit, this whale chose to cut his losses and liquidate his position: he sold the 10,364.2 ETH he had bought at $3,300 a week ago at $3,181, incurring a loss of $1.22 million. ◎ His 16th wave trading ended in failure, with 13 wins and 3 losses in 16 waves.